SUPPLIERS
1. Suppliers are individuals or companies that supply or sell raw materials to other parties, either to individuals or companies so that they can be made into goods or services.
2. Suppliers use types of financial statements from income statements, changes in capital reports, balance sheets, and cash flows.
For example, with the information presented in the report, the supplier can make a decision whether your company has the ability to pay bills according to the nominal stated or not. If the company is deemed incapable, the supplier will refuse to cooperate with the company or may propose negotiations in the cooperation.
3. Suppliers must be able to understand and be thorough about information from a company that they want to collaborate with so that suppliers do not experience losses.